Originally Posted by
dtrax
he Urban Redevelopment Authority (URA) announced the sale of a third 'white site' under the Reserve List System at the Marina Bay area on Monday.
Located at Marina View / Union Street, the 'white site' can be built for a range of uses, giving developers the flexibility to decide how they want to use the land.
With an area of 0.78 ha, about 70 per cent of it is stipulated for office use, while the remaining 30 per cent can be developed for additional office, residential, retail, hotel and entertainment uses.
The development on the 'white site' at Marina View / Union Street will contribute to building up the critical mass of office space in the Marina Bay area and developing the area as an international business and financial district.